Vietnam: Grain and Feed Update

Post revised its paddy harvested area and production output estimates for marketing year 2020/2021 (MY20/21) up to 7,360 thousand hectares (THA) and 43.90 million metric tons (MMT) (27.44MMT milled equivalent), higher than the USDA official numbers, on higher yields of the Spring and Autumn crop. Post also revised its MY20/21 export estimate down to 6.10MMT on competition, but revised its import estimate up to 800 thousand metric tons (TMT) due to higher numbers during the first months of this year.